Acting in concert


 

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Acting in concert

Investors working together and performing identical actions to attain the same investment goal.



Acting in concert

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Concertina tariff reduction

Concertina tariff reduction

The reduction of a country's highest tariff to the level of the next highest, followed by the reduction of both to the level of the next highest after that, and so forth. Also called the concertina rule. This is known to raise welfare if all goods are net substitutes.




 
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